Latest news
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POSCO acquires domestic producer of silicon-based anode materials for batteries
SEOUL -- South Korea's leading steel group POSCO unveiled a new goal to boost the production of key materials for batteries after acquiring a domestic manufacturer of silicon-based anode materials in a deal that would help reduce the group's dependence on Chinese raw materials. POSCO Holdings said it has signed a stock purchase agreement to acquire 100 percent of Tera Technos, a silicon anode startup with a high-temperature liquid production technology with excellent heat
July 5, 2022 -
POSCO ICT to incorporate digital twin technology into smart factories
SEOUL -- POSCO ICT, an IT and engineering wing of South Korea's top steelmaker POSCO, will upgrade its smart factory system by converging digital twin technology to test various technologies in virtual space. After applying the digital twin-based smart factory system to its steel mills, it will be expanded to other production sites. A digital twin is a virtual clone of an object or an infrastructure. Digital twins are frequently used as testing grounds for new technologies or o
July 5, 2022 -
Hanwha Solutions works on development of solar module smart farm model
SEOUL -- Hanwha Solutions, a chemical and energy company affiliated with South Korea's Hanwha Group, will work with a national cooperative federation to develop future agricultural technologies that combine renewable energy and smart farms. At a groundbreaking ceremony in Yangpyeong, about 30 kilometers (18 miles) east of Seoul, on July 5, Hanwha Solutions signed a business agreement with the National Agricultural Cooperative Federation (NACF) to spread low-carbon smart agricul
July 5, 2022 -
New energy roadmap sounds death knell of 'nuclear-exit' policy in S. Korea
SEOUL -- South Korea's broad new energy roadmap was unveiled to jack up the ratio of electricity generated by nuclear power plants in South Korea's energy mix to more than 30 percent by 2030, tolling the death knell for a "nuclear-exit" policy adopted by the previous liberal government to achieve net-zero carbon dioxide emissions by 2050. The new energy roadmap endorsed at a cabinet meeting on July 5 highlighted internal and external uncertainties such as the Russ
July 5, 2022 -
Cosmax works with University of Indonesia to develop natural raw materials for cosmetics
SEOUL -- Cosmax, a cosmetics original development manufacturer in South Korea, joined hands with the school of pharmacy at the University of Indonesia to develop natural raw materials for cosmetics and carry out a joint study on new products, citing growing demands in the Southeast Asian country for skincare products containing new ingredients. Under a memorandum of agreement signed on July 1, Cosmax said that Indonesian native plants would be extracted, researched and tested f
July 5, 2022 -
Tagless payment introduced for pilot operation at subway stations in S. Korea
SEOUL -- A tagless payment service was introduced for pilot operation at selected subway stations to make South Korea's public transportation system more convenient using sensor devices installed at ticket gates and Bluetooth low energy (BLE), a wireless personal area network technology intended to provide reduced power consumption. A smartphone app equipped with a tagless payment function will automatically pay just after passing through subway gates, said Tmoney, a smart mobil
July 5, 2022 -
Samsung Biologics signs $213 million consignment production contract with MSD
SEOUL -- Samsung Biologics, a leading bio company affiliated with South Korea's largest Samsung Group, has signed a contract worth $213 million for the consignment production of medicines with MSD, a unit of Merck & Co., an American pharmaceutical company, that operates outside the United States and Canada. The contract followed a letter of intent signed by the two sides in September 2021, Samsung Biologics said in a regulatory filing on July 4. Details of the contract
July 4, 2022 -
HK inno.N works with GC Cell to develop next-generation cell therapy for solid cancer
SEOUL --HK inno.N, a pharmaceutical product maker in South Korea, joined hands with GC Cell to develop next-generation immuno-cancer cell therapy that works well for solid cancer by using HLA-G, a nonclassical protein that acts as a major immune checkpoint. The human leukocyte antigen (HLA) has been shown to be associated with tumor escape in cancers because it causes the immune system to not pay attention to cancer cells. HLA-G has potential utility as a tumor marker due to the lar
July 4, 2022 -
[INTERVIEW] Mobility expert recommends bold strategy to turn entire S. Korea into test bed
SEOUL -- As a technological revolution unparalleled in human history creates innovative changes in mobility, an expert with career experience in future platforms such as autonomous driving recommends a bold test bed strategy for South Korea to secure competitiveness in mobility in a short period of time. Cha Doo-won, head of the CHA Mobility Research Institute, demands urgent government support to acquire domestic mobility personnel, pointing to a competitive push worldwide to s
July 1, 2022 -
Samsung rolls out all-in-one streaming discovery platform for playing games with smart TVs
SEOUL -- Samsung Electronics rolled out an all-in-one game streaming discovery platform where players can use smart TVs and monitors to play games with no additional hardware or downloads needed. Gamers can simply select any game and play it instantly without downloading. It's all there, right away, Samsung said, adding its gaming hub also supports multitasking, allowing users to explore videos or listen to music while playing games. "With expanding partnerships across
July 1, 2022
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PHOTOS: Korean activists rally for LGBTQ rights on key commemoration day
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Imported electric vehicle registrations surge 150% this year
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Protecting wetlands crucial for migratory birds: New Zealand envoy
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Seafood meal kits gain limelight at industry fair as Korean food makers target ready-to-eat market
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PHOTOS: Seoul Int'l Garden Show underway at Han River park
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Korean Air Force embraces memes, defying military stereotypes
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Korean spicy sauces gain global popularity
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Culture minister advocates for Hangeul signboard at Seoul's iconic gate of royal palace
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HYBE chairman ranks sixth among Korean business leaders in stock assets
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More people fall victim to dating violence in Korea